Hong Kong’s leader has said developers have been more cooperative with the government lately in trying to boost housing supply, but steered clear of directly commenting on a report claiming Beijing was piling pressure on the city’s property tycoons to back its interests.Speaking to reporters on Tuesday, Chief Executive Carrie Lam Cheng Yuet-ngor was asked if Beijing had indeed used a closed-door meeting to order local property tycoons to put their resources and influence into central government…
Source : South China Morning Post
Read more…Carrie Lam says Hong Kong property developers more helpful on housing, but declines to confirm report claiming Beijing making tycoons toe line